Student Mortgages

Student Mortgages

Our panel of carefully selected Specialist Mortgage Brokers are always here to support and assist you, offering a whole of market service. Who at times have exclusive offers for our clients. 

What is a Student Mortgage?

In simple terms this is a mortgage with the same terms as an HMO (House of multiple occupancy) however the lending criteria will. Your loan offer will be calculated on the rent with an HMO which you achieve on a room by room basis, rather than on the property as a whole, with this mortgage. The lender will also look at your experience as a landlord.

The exact criteria will vary from lender to lender, but the majority of lenders will require that you:

• Can prove an income of at least £25,000
• Own your own residential property
• Have a deposit of 25% or more
• Can show you can complete the mortgage before the age of seventy
• Will need to show you have prior landlord experience  and whilst lenders are flexible for those taking on sole tenant properties, you are unlikely to get approved for a buy to let mortgage on a student property without such experience

Find out how our panel of Specialist Mortgage Brokers can help find the right deal for you.